Shree Ajit Pulp and Paper consolidated net profit rises 34.79% in the March 2021 quarter

Sales rise 50.11% to Rs 92.35 crore

Net profit of Shree Ajit Pulp and Paper rose 34.79% to Rs 9.57 crore in the quarter ended March 2021 as against Rs 7.10 crore during the previous quarter ended March 2020. Sales rose 50.11% to Rs 92.35 crore in the quarter ended March 2021 as against Rs 61.52 crore during the previous quarter ended March 2020.

For the full year,net profit rose 20.42% to Rs 24.00 crore in the year ended March 2021 as against Rs 19.93 crore during the previous year ended March 2020. Sales rose 10.90% to Rs 266.61 crore in the year ended March 2021 as against Rs 240.41 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales92.3561.52 50 266.61240.41 11 OPM %18.2820.56 -16.7514.28 - PBDT15.8111.80 34 41.7430.96 35 PBT13.979.87 42 34.2423.39 46 NP9.577.10 35 24.0019.93 20

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